- Mon 22:41
Committees cut - The US EPA recently terminated several advisory committees spanning a range of environmental and social justice issues, according to data from the Federal Advisory Committee Act database. The terminated bodies include the National Environmental Justice Advisory Council (NEJAC), launched in 1993, and the White House Environmental Justice Advisory Council, which was set up by the Biden administration in 2021.
- Mon 22:29Canada could negate almost its entire annual emissions by boosting LNG production and shipping it to Asia, according to a new study.
- Mon 22:24River risks - Columbia Riverkeeper, an environmental non-profit, the Northwest Environmental Defense Center, a law firm, and two local residents sued the Oregon Department of Environmental Quality on May 22, challenging approval of a water quality permit for the proposed NEXT renewable diesel refinery near the Columbia River Estuary. The suit argued the permit failed to protect critical wetlands and waterways from pollution and seismic risk. The Army Corps of Engineers is also conducting a federal environmental review of the project, which is expected to fill over 100 acres (40.5 ha) of wetlands and emit up to 1 Mt of GHG annually.
- A New York-based clean fuels startup recently unveiled its modular direct air capture (DAC) technology, which produces liquid gasoline from air, water, and renewable electricity.
- Projected externalities - Advocacy non-profit Environmental Defense Fund (EDF) claimed Thursday that the US federal tax bill would undermine an American-made energy boom and increase pollution. The bill, which narrowly passed the House on a 215-214 vote, would result in an early termination of clean electricity and energy storage tax credits under Sections 45Y and 48E, a repeal of credit transferability provisions, and new restrictions on solar and wind leasing arrangements. EDF said that those tax credits helped the US produce some of the world’s cleanest energy and estimated their withdrawal would raise household electricity prices, create uncertainty for businesses, send jobs to other countries, and threaten people’s health with more pollution. EDF was also concerned with changes to vehicle standards, aimed at reducing expensive fuel use and tailpipe pollution; attacks on local efforts promoting cleaner air around schools and ports; and a 10-year reprieve for large oil and gas companies from paying a fee on methane pollution.
Caribbean catalyst - The Development Bank of Jamaica (DBJ), in partnership with TBR Lab—a regional innovation and venture development firm—launched Carbon Shift, the Caribbean’s first climate tech acceleration programme, through its Boosting Innovation, Growth and Entrepreneurship Ecosystems (BIGEE) initiative. The initiative aims to support scalable climate solutions in areas such as renewable energy, sustainable agriculture, carbon markets, water resilience, and the circular economy. TBR Lab will execute Carbon Shift in collaboration with Climate KIC, a European climate innovation network. The programme is now accepting applications from startups and entrepreneurs across the Caribbean.
- Mon 17:40
Coal continues - US Energy Secretary Chris Wright issued an emergency order on May 23 requiring the Midcontinent Independent System Operator (MISO) and Consumers Energy to maintain availability of the 1,560MW JH Campbell coal-fired power plant in West Olive, Michigan. The decision delays the facility’s planned May 31 closure to address potential electricity capacity shortfalls in the Midwest during the summer months. The US DOE cited elevated reliability risks of reserve shortfalls in the region that the North American Electric Reliability Corporation raised. DOE issued the order under Section 202(c) of the Federal Power Act following President Donald Trump's national energy emergency declaration.
- Low credit issuance and retirements last week reflected a subdued voluntary market that continues to be stifled by the lack of available Core Carbon Principles (CCP)-tagged credits, as well as few signs of a reaction to the expected shortage of eligible Phase 1 CORSIA supply in the coming years.
- Mon 13:21A sustainability platform has launched a new open-source database containing emissions data, which it claims covers 95% of global GDP.
- Mon 12:29End of the boom? – The US shale boom may be coming to an end, analysts said, as global oil demand falls in the wake of the global trade war launched by US President Donald Trump and as Opec countries raise their output to price out US shale production. Oil prices settled at $61.53 a barrel last week, below the $65 level at which shale oil is profitable, according to the quarterly energy survey by the Federal Reserve Bank of Dallas. Oil output is projected to fall by 1.1% next year on the back of a slowing global economy, according to S&P Global Commodity Insights, marking the first annual decline in a decade. Saudi Arabia is now trying to regain market share and they’ll probably succeed over the next five years, said one analyst quoted by the FT. If crude drops to $50 a barrel, US production would probably lose up to 300,000 barrels a day, said another analyst. (Financial Times)
- Colombia-based environmental standard Cercarbono has launched a public consultation on a carbon credit methodology tailored to the recycling of materials from end-of-life vehicles (ELVs).
CP Daily News Ticker: 26 May 2025
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